📈 Sri Lanka Secures IMF Review Approval: US$ 695 Mn Injection

The Ceylon Chamber of Commerce has welcomed the successful completion of the 5th and 6th IMF Extended Fund Facility (EFF) reviews, unlocking approximately US$ 695 Mn in vital financing. • Economic Impact: This milestone bolsters market confidence and reinforces national macroeconomic stability amidst rising external pressures, particularly from the Middle East crisis. • Key Reform Priorities: The Chamber underscores the need to maintain structural momentum to foster private sector-led growth across critical sectors, including: • Tourism and logistics for improved trade competitiveness. • Digitalisation to enhance institutional efficiency and investment climate. • Strategic Recommendations: To navigate ongoing global uncertainty, the Chamber advocates for: • Strengthening the digital fuel QR system to optimize energy costs. • Maintaining clear, consistent policy communication to stabilize exchange rate expectations and reduce market uncertainty. The Chamber continues to urge commitment to comprehensive reform, emphasizing that sustained progress in trade and investment is essential for building long-term national resilience.